AGYS Options History — March 2016

In March 2016, AGYS traded between $10.09 and $11.64. ATM implied volatility averaged 32.2%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 0.5% (HV 20d: 32.7%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.33.

Notable Days

2016-03-01: Highest Volume — 270 contracts
2016-03-08: Largest IV spike — 59.7% change
2016-03-08: Highest IV Rank — 44.6%
2016-03-01: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.70	$10.09	$11.64	$10.62	$10.40
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	32.2%	24.9%	57.8%	37.6%	30.2%
Expected Move	8.3%	6.3%	10.8%	10.8%	8.7%
HV 20d	32.7%	28.6%	41.1%	41.1%	31.8%
HV 60d	40.2%	39.0%	41.5%	40.1%	39.0%
IV Rank	13.4%	4.6%	44.6%	20.1%	11.1%
IV Percentile	42.5%	5.6%	97.2%	80.6%	34.1%
Term Structure	6.9%	-4.8%	15.9%	-4.8%	-2.0%
VWIV	29.5%	19.2%	37.7%	24.4%	36.2%
Skew 25d	-1.2%	-23.3%	9.6%	-5.1%	-23.3%
Skew 10d	9.2%	-27.4%	84.3%	42.9%	-27.4%
Call IV 25d	33.6%	19.5%	48.8%	44.2%	48.8%
Put IV 25d	32.4%	24.9%	51.9%	39.1%	25.5%
Bid-Ask Spread %	96.29	55.69	116.49	104.05	113.47
Gamma HHI	0.80	0.75	0.86	0.80	0.80
Net GEX	5.1K	2.9K	9.5K	4.9K	3.9K
Net DEX	-67.1K	-139.5K	-25.8K	-63.4K	-48.6K
Net VEX	-693	-922	-507	-748	-594
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.28	0.68	0.28	0.68
Total Volume	253.091	146	270	270	146
Total OI	445	442	475	442	475

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-03-01	$10.62	$0.00	37.6%	10.8%	41.1%	20.1%	0.0%	-5.1%	-4.8%	4.9K	-63.4K	-748	0.28	104.05	N/A	N/A	211	59	383	59
2016-03-02	$10.84	$0.00	29.9%	8.6%	38.4%	10.6%	0.0%	2.5%	0.0%	5.8K	-80.0K	-806	0.28	76.05	N/A	N/A	211	59	383	59
2016-03-03	$11.07	$10.00	39.3%	8.7%	29.9%	22.1%	24.4%	9.6%	11.2%	6.7K	-100.7K	-876	0.28	90.44	N/A	N/A	211	59	383	59
2016-03-04	$11.28	$10.00	38.6%	6.7%	30.2%	21.2%	21.9%	2.9%	12.5%	7.3K	-104.3K	-862	0.28	85.52	N/A	N/A	211	59	383	59
2016-03-07	$11.64	$10.00	36.2%	6.3%	30.4%	18.4%	19.2%	8.7%	15.9%	9.5K	-139.5K	-922	0.28	111.32	N/A	N/A	211	59	383	59
2016-03-08	$11.10	$10.00	57.8%	8.2%	36.3%	44.6%	26.6%	0.5%	5.0%	6.8K	-99.1K	-830	0.28	116.49	N/A	N/A	211	59	383	59
2016-03-09	$11.08	$10.00	26.0%	7.4%	34.8%	5.9%	25.9%	-0.5%	11.3%	6.3K	-92.5K	-803	0.28	110.93	N/A	N/A	211	59	383	59
2016-03-10	$10.99	$10.00	25.1%	7.2%	35.0%	4.9%	26.7%	-1.6%	10.0%	6.0K	-85.8K	-763	0.28	111.41	N/A	N/A	211	59	383	59
2016-03-11	$11.04	$10.00	24.9%	7.1%	32.3%	4.6%	26.2%	-0.4%	13.1%	5.9K	-82.7K	-745	0.28	61.29	N/A	N/A	211	59	383	59
2016-03-14	$11.10	$10.00	26.4%	7.6%	28.6%	6.4%	26.9%	0.7%	12.2%	6.4K	-89.0K	-782	0.28	110.08	N/A	N/A	211	59	383	59
2016-03-15	$10.64	$10.00	28.9%	8.3%	32.2%	9.5%	30.0%	1.0%	12.2%	4.8K	-61.4K	-695	0.28	107.09	N/A	N/A	211	59	383	59
2016-03-16	$10.53	$10.00	28.5%	8.2%	32.4%	9.0%	30.5%	-1.5%	11.0%	4.3K	-54.4K	-645	0.28	107.97	N/A	N/A	211	59	383	59
2016-03-17	$10.50	$10.00	27.9%	8.0%	31.5%	8.2%	29.0%	-0.4%	12.7%	4.0K	-49.0K	-627	0.28	55.69	N/A	N/A	211	59	383	59
2016-03-18	$10.57	$10.00	29.4%	8.4%	31.1%	10.1%	31.4%	-0.5%	10.8%	4.5K	-56.6K	-645	0.28	107.21	N/A	N/A	211	59	383	59
2016-03-21	$10.48	$10.00	28.9%	8.3%	31.2%	9.4%	31.1%	-1.9%	6.0%	4.0K	-50.3K	-623	0.28	106.68	N/A	N/A	211	59	383	59
2016-03-22	$10.40	$10.00	29.0%	8.3%	31.1%	9.7%	33.0%	6.5%	6.0%	3.5K	-40.5K	-564	0.28	62.59	N/A	N/A	211	59	383	59
2016-03-23	$10.17	$10.00	30.6%	8.8%	31.5%	11.5%	32.8%	-2.3%	2.7%	3.1K	-30.0K	-523	0.28	96.76	N/A	N/A	211	59	383	59
2016-03-24	$10.14	$10.00	31.0%	8.9%	31.3%	12.1%	32.9%	-10.8%	3.2%	2.9K	-25.8K	-507	0.28	109.75	N/A	N/A	211	59	383	59
2016-03-28	$10.09	$10.00	31.2%	8.9%	31.3%	12.3%	32.0%	-2.4%	2.3%	2.9K	-26.5K	-513	0.28	65.53	N/A	N/A	211	59	383	59
2016-03-29	$10.40	$10.00	35.6%	10.2%	33.3%	17.6%	37.7%	-5.0%	1.2%	3.9K	-46.5K	-568	0.68	105.31	N/A	N/A	87	59	383	59
2016-03-30	$10.40	$10.00	34.7%	10.0%	32.8%	16.5%	35.7%	-3.5%	-1.0%	4.1K	-49.2K	-602	0.68	102.66	N/A	N/A	87	59	416	59
2016-03-31	$10.40	$10.00	30.2%	8.7%	31.8%	11.1%	36.2%	-23.3%	-2.0%	3.9K	-48.6K	-594	0.68	113.47	N/A	N/A	87	59	416	59